Gary L. Ellis - Jun 9, 2022 Form 4 Insider Report for TORO CO (TTC)

Role: Director
Signature: /s/ Amy E. Dahl, Attorney-in-Fact
Stock symbol: TTC
Transactions as of: Jun 9, 2022
Transactions value $: -$422,035
Form type: 4
Date filed: 6/10/2022, 03:32 PM
Previous filing: May 10, 2022
Next filing: Jul 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TTC	Common Stock	Options Exercise	$147K	+6.84K	+21.95%	$21.56	38K	Jun 9, 2022	Direct
transaction	TTC	Common Stock	Sale	-$570K	-6.84K	-18%	$83.24	31.2K	Jun 9, 2022	Direct	F1
holding	TTC	Common Stock Units						3.93K	Jun 9, 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TTC	Non-Qualified Stock Option	Options Exercise	$0	-6.84K	-100%	$0.00^*	0	Jun 9, 2022	Common Stock	6.84K	$21.56	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $83.210 to $83.265, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	Includes 25.575 common stock units acquired by the reporting person under the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since the date of his last report.
F3	The option vested in three equal annual installments commencing on the first anniversary of the date of grant, which was November 1, 2012.